Andrea M Saporito

Title: Innovations by Andrea M Saporito

Introduction

Andrea M Saporito is an accomplished inventor based in New York, NY (US). He holds three patents that showcase his innovative contributions to the field of financial technology. His work primarily focuses on systems that enhance the management of credit and cash accounts.

Latest Patents

One of his latest patents is a system and method for transferring a line of credit balance to a cash account. This invention provides an automated system designed to facilitate the transfer of cash value from one or more lines of credit to various deposit accounts or payment systems. The system ensures that requested funds are available in a customer's lines of credit and electronically deposits these funds into designated accounts. It also allows customers to manage their lines of credit, set up transfer transactions, define rules for transfers, and view their transactional history. The automated system connects with the lending organization's backend systems to authenticate customer identities and credit accounts, ensuring that the requested funds are available for transfer.

Career Highlights

Andrea M Saporito is currently employed at American Express Travel Related Services Company, Inc. His role at this prominent financial services company allows him to leverage his expertise in developing innovative solutions for credit management.

Collaborations

Some of his notable coworkers include Thomas C Baker and Diane Derocher, who contribute to the collaborative environment that fosters innovation within the company.

Conclusion

Andrea M Saporito's work exemplifies the intersection of technology and finance, providing valuable solutions for managing credit and cash accounts. His patents reflect a commitment to innovation that enhances customer experience in financial transactions.